News

Mon, 30 Nov 2020 17:02:14 GMT

Belarus foreign debt rises 5.8%

Foreign debt of Belarus increased by 5.8% to $18.1B in January-October period, compared to the same period in 2019, data published by the Finance Ministry show.

Mon, 30 Nov 2020 16:33:38 GMT

Finland improves growth forecast

The Finnish Finance Ministry revised its economic growth forecast upwards to 2.6% for 2021 and 1.7% for 2022, a statement published by the ministry shows.

Mon, 30 Nov 2020 14:49:15 GMT

CEO of Tokyo Stock Exchange resigns

On Monday, the CEO of Tokyo Stock Exchange Koichiro Miyahara stepped down from his post due to the last month's tech issues.

Mon, 30 Nov 2020 13:40:41 GMT

OPEC+ meet for talks

Reuters revealed on Monday that OPEC+ country representatives were gathering on Monday to discuss an extension of oil production cuts.

Mon, 30 Nov 2020 13:05:22 GMT

UniCredit stock drops

During Monday's Italian trading hours, the stock price for UniCredit plummeted by 4.5%, as rumours of change in top management appeared.

Mon, 30 Nov 2020 11:40:17 GMT

Stocks book record month

On Monday, as stock exchanges began to close down in Asia, stock indices booked a record month of gains, which was caused by the announcement of coronavirus vaccines.

Mon, 30 Nov 2020 10:52:44 GMT

USD reaches low level

During Monday's European trading hours, the value of the US Dollar reached a two and a half year low level.

Mon, 30 Nov 2020 10:28:18 GMT

S&P Global close to IHS Markit acquisition

S&P Global is nearing its mega deal to acquire IHS Markit that will create a heavyweight in the competitive financial information market.

Mon, 30 Nov 2020 09:33:30 GMT

Tesla can launch Model Y SUV sale in China

China has granted its green light to Tesla to launch sales of its Shanghai-manufactured Model Y SUVs in China, Reuters reported on Monday.

Mon, 30 Nov 2020 06:01:13 GMT

Biden names Deese as director of NEC

As reported by the New York Times on Sunday, the US President-elect Joe Biden has named Brian Deese as the director of National Economic Council.

Mon, 30 Nov 2020 05:00:21 GMT

China's PMI expands in November

According to data from the National Bureau of Statistics, China's manufacturing Purchasing Manager's Index rose to 52.1 in November, the highest PMI reading since September 2017.

Mon, 30 Nov 2020 04:01:54 GMT

Verdi calls for strike at Amazon in Germany

On Sunday, Germany's trade union Verdi called on Amazon's workers at the German warehouse to strike again, as part of a long-running campaign for better pay and conditions.

Mon, 30 Nov 2020 02:33:41 GMT

Israel's PM to receive 2021 budget

According to a source with knowledge of the matter, the Israeli Finance Ministry would present the 2021 budget to the Prime Minister of Israel Benjamin Netanyahu on November 30.

Sun, 29 Nov 2020 20:56:21 GMT

German banks to hold off dividends

Claudia Buch, Bundesbank's Vice President, stated on Sunday that German banks have enough funds to survive crisis and called to temporary stop dividend payouts.

Sun, 29 Nov 2020 20:35:36 GMT

Jared Kushner heads to Middle East

On Sunday, the White House top adviser Jared Kushner stared a visit to Saudi Arabia and Qatar to discuss multiple regional issues.

Sun, 29 Nov 2020 18:44:31 GMT

Amazon's German workers to strike again

On Sunday, the trade union Verdi called on Amazon's German workers to go on another strike in a week with intention to disrupt the order processing following the discount shopping sales called "Black Friday" that took place on November 27.

Sun, 29 Nov 2020 17:41:09 GMT

Ballots recount reconfirms Biden's win

On Sunday, Wisconsin's recount of the presidential ballots reconfirmed the win of the Democratic President-elect Joe Biden over the President Donald Trump in the US elections.

Sun, 29 Nov 2020 16:53:01 GMT

Canada to pump extra C$691M to agriculture sector

Canada's government is planning to add additional C$691M to support dairy, egg and poultry local farmers, while also cut the payment timeline promised to the country's dairy farmers in 2019.

Sun, 29 Nov 2020 16:35:29 GMT

China to release outbound investor schemes

China is set to release outbound investment schemes to new regions, seeking to meet the asset allocation needs of onshore investors, according to a Xinhua report published on Sunday.

Sun, 29 Nov 2020 14:45:52 GMT

Tesla faces car inquiry over suspension issue

The US NHTSA launched an official inquiry into 115K Tesla cars over suspension safety issue, covering Model S and Model X vehicles produced from 2015 till 2017.

Sun, 29 Nov 2020 14:11:00 GMT

Foxconn to move Apple output to Vietnam

Apple requested Foxconn to move some MacBook and iPad production from China to Vietnam, seeking to minimise the US-Sino trade war's impact.

Sun, 29 Nov 2020 13:03:14 GMT

BoE Haldane expects higher inflation

Andy Haldane, Chief Economist of the Bank of England, stated on Sunday that development of vaccines together with huge government spending this year might result in higher than projected inflation.

Sun, 29 Nov 2020 12:33:56 GMT

Canada to spend $531.87M on agriculture

On Sunday, the Canadian government ruled to devote additional $531.87M to the country's agriculture sector.

Sun, 29 Nov 2020 11:29:27 GMT

UniCredit holds unplanned board meeting

According to sources familiar with the matter, UniCredit is planning to hold an unplanned board meeting to discuss various governace issues.

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